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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Germany urged to cap heat in offices this winter to save gas
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Germany urged to cap heat in offices this winter to save gas
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Germany urged to cap heat in offices this winter to save gas
The Financial Day of Reckoning Has Begun (Ad)
NASDAQ:ARCC

Ares Capital - ARCC Stock Forecast, Price & News

$20.56
+0.19 (+0.93%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$20.26
$20.59
50-Day Range
$17.12
$20.56
52-Week Range
$17.03
$23.00
Volume
1.61 million shs
Average Volume
2.74 million shs
Market Capitalization
$10.20 billion
P/E Ratio
9.30
Dividend Yield
8.17%
Price Target
$21.88

Ares Capital MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
6.4% Upside
$21.88 Price Target
Short Interest
Healthy
3.90% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.98mentions of Ares Capital in the last 14 days
Based on 9 Articles This Week
Insider Trading
Acquiring Shares
$6.88 M Bought Last Quarter
Proj. Earnings Growth
8.47%
From $1.89 to $2.05 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.30 out of 5 stars

Finance Sector

489th out of 926 stocks

Investors, Not Elsewhere Classified Industry

6th out of 15 stocks

ARCC stock logo

About Ares Capital (NASDAQ:ARCC) Stock

Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors. The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors. It focuses on investments in Northeast, Mid-Atlantic, Southeast and Southwest regions from its New York office, the Midwest region, from the Chicago office, and the Western region from the Los Angeles office. The fund typically invests between $20 million and $200 million and a maximum of $400 million in companies with an EBITDA between $10 million and $250 million. It makes debt investments between $10 million and $100 million The fund invests through revolvers, first lien loans, warrants, unitranche structures, second lien loans, mezzanine debt, private high yield, junior capital, subordinated debt, and non-control preferred and common equity. The fund also selectively considers third-party-led senior and subordinated debt financings and opportunistically considers the purchase of stressed and discounted debt positions. The fund prefers to be an agent and/or lead the transactions in which it invests. The fund also seeks board representation in its portfolio companies.

Ares Capital Stock Performance

Shares of NASDAQ:ARCC traded up $0.19 during midday trading on Friday, hitting $20.56. The company had a trading volume of 1,610,377 shares, compared to its average volume of 2,735,965. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.80 and a quick ratio of 0.80. The company has a market cap of $10.20 billion, a price-to-earnings ratio of 9.30 and a beta of 0.99. Ares Capital has a 12-month low of $17.03 and a 12-month high of $23.00. The company has a fifty day moving average of $18.99 and a two-hundred day moving average of $20.19.

Ares Capital (NASDAQ:ARCC - Get Rating) last released its quarterly earnings data on Tuesday, July 26th. The investment management company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.44 by $0.02. Ares Capital had a net margin of 54.92% and a return on equity of 10.15%. During the same quarter in the prior year, the firm posted $0.53 earnings per share. On average, equities research analysts expect that Ares Capital will post 1.89 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently commented on ARCC shares. Wells Fargo & Company upped their target price on Ares Capital from $22.50 to $23.00 and gave the company an "overweight" rating in a research note on Monday, April 25th. JMP Securities dropped their price objective on Ares Capital from $24.00 to $22.00 and set a "market outperform" rating for the company in a research note on Thursday, July 28th. TheStreet cut Ares Capital from a "b-" rating to a "c+" rating in a report on Monday, May 23rd. Hovde Group dropped their price target on Ares Capital to $19.00 in a research report on Friday, May 20th. Finally, Oppenheimer dropped their target price on Ares Capital to $21.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 27th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $21.88.

Insider Activity

In other Ares Capital news, insider Michael Lewis Smith bought 54,000 shares of the firm's stock in a transaction dated Thursday, May 19th. The shares were purchased at an average cost of $18.64 per share, for a total transaction of $1,006,560.00. Following the transaction, the insider now owns 89,000 shares of the company's stock, valued at $1,658,960. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other news, insider Michael Lewis Smith acquired 54,000 shares of Ares Capital stock in a transaction that occurred on Thursday, May 19th. The shares were bought at an average cost of $18.64 per share, with a total value of $1,006,560.00. Following the transaction, the insider now directly owns 89,000 shares of the company's stock, valued at approximately $1,658,960. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Michael J. Arougheti acquired 300,000 shares of Ares Capital stock in a transaction that occurred on Tuesday, June 14th. The stock was purchased at an average cost of $17.75 per share, for a total transaction of $5,325,000.00. Following the completion of the transaction, the executive vice president now directly owns 1,782,709 shares in the company, valued at $31,643,084.75. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 381,775 shares of company stock worth $6,875,621. 0.59% of the stock is currently owned by corporate insiders.

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ARCC Stock News Headlines

Monday 8/8 Insider Buying Report: TRU, ARCC
Ares Capital (NASDAQ:ARCC) Price Target Cut to $21.00
Ares Capital (NASDAQ:ARCC) Upgraded at StockNews.com
3 Important Takeaways From Ares Capital's Q2 Report
What Makes Ares Capital (ARCC) a New Buy Stock
Ares Capital Prices Public Offering Of 8 Mln Shares
Ares Capital (ARCC) Q2 2022 Earnings Call Transcript
Earnings Preview For Ares Capital
See More Headlines
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ARCC Company Calendar

Ex-Dividend for 6/30 Dividend
6/14/2022
Dividend Payable
6/30/2022
Last Earnings
7/26/2022
Today
8/14/2022
Next Earnings (Estimated)
10/25/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Investors, not elsewhere classified
Sub-Industry
Asset Management & Custody Banks
Sector
Finance
Current Symbol
NASDAQ:ARCC
CUSIP
04010L10
Employees
N/A
Year Founded
2004

Price Target and Rating

Average Stock Price Forecast
$21.88
High Stock Price Forecast
$23.00
Low Stock Price Forecast
$19.00
Forecasted Upside/Downside
+6.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
8 Analysts

Profitability

Net Income
$1.57 billion
Pretax Margin
48.52%

Debt

Sales & Book Value

Annual Sales
$1.82 billion
Cash Flow
$1.68 per share
Book Value
$18.81 per share

Miscellaneous

Free Float
493,310,000
Market Cap
$10.20 billion
Optionable
Optionable
Beta
0.99














ARCC Stock - Frequently Asked Questions

Should I buy or sell Ares Capital stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ares Capital in the last twelve months. There are currently 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ARCC shares.
View ARCC analyst ratings
or view top-rated stocks.

What is Ares Capital's stock price forecast for 2022?

8 equities research analysts have issued twelve-month price objectives for Ares Capital's stock. Their ARCC share price forecasts range from $19.00 to $23.00. On average, they anticipate the company's stock price to reach $21.88 in the next twelve months. This suggests a possible upside of 6.4% from the stock's current price.
View analysts price targets for ARCC
or view top-rated stocks among Wall Street analysts.

How have ARCC shares performed in 2022?

Ares Capital's stock was trading at $21.19 at the start of the year. Since then, ARCC shares have decreased by 3.0% and is now trading at $20.56.
View the best growth stocks for 2022 here
.

When is Ares Capital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our ARCC earnings forecast
.

How were Ares Capital's earnings last quarter?

Ares Capital Co. (NASDAQ:ARCC) released its earnings results on Tuesday, July, 26th. The investment management company reported $0.46 EPS for the quarter, beating analysts' consensus estimates of $0.44 by $0.02. Ares Capital had a net margin of 54.92% and a trailing twelve-month return on equity of 10.15%. During the same period in the previous year, the company posted $0.53 earnings per share.

How often does Ares Capital pay dividends? What is the dividend yield for Ares Capital?

Ares Capital declared a dividend on Wednesday, February 9th. Stockholders of record on Wednesday, June 15th will be paid a dividend of $0.03 per share on Thursday, June 30th. The ex-dividend date of this dividend is Tuesday, June 14th.
Read our dividend analysis for ARCC
.

Is Ares Capital a good dividend stock?

Ares Capital (NASDAQ:ARCC) pays an annual dividend of $1.68 per share and currently has a dividend yield of 8.25%. ARCC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 76.02%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, ARCC will have a dividend payout ratio of 81.95% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for ARCC.

What other stocks do shareholders of Ares Capital own?

What is Ares Capital's stock symbol?

Ares Capital trades on the NASDAQ under the ticker symbol "ARCC."

Who are Ares Capital's major shareholders?

Ares Capital's stock is owned by many different retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (1.21%), Confluence Investment Management LLC (0.90%), Baillie Gifford & Co. (0.53%), Border to Coast Pensions Partnership Ltd (0.51%), Sound Income Strategies LLC (0.34%) and Stephens Inc. AR (0.29%). Insiders that own company stock include Joshua M Bloomstein, Mary Beth Henson, Michael J Arougheti, Michael J Arougheti, Michael K Parks, Michael K Parks, Michael Lewis Smith, Penelope F Roll, R Kipp Deveer, Robert L Rosen, Steve Bartlett, Steven B Mckeever and Steven B Mckeever.
View institutional ownership trends
.

How do I buy shares of Ares Capital?

Shares of ARCC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Ares Capital's stock price today?

One share of ARCC stock can currently be purchased for approximately $20.56.

How much money does Ares Capital make?

Ares Capital (NASDAQ:ARCC) has a market capitalization of $10.20 billion and generates $1.82 billion in revenue each year. The investment management company earns $1.57 billion in net income (profit) each year or $2.21 on an earnings per share basis.

When was Ares Capital founded?

Ares Capital was founded in 2004.

How can I contact Ares Capital?

Ares Capital's mailing address is 245 PARK AVENUE 44TH FLOOR, NEW YORK NY, 10167. The official website for the company is www.arescapitalcorp.com. The investment management company can be reached via phone at (212) 750-7300, via email at irarcc@aresmgmt.com, or via fax at 212-750-1777.

This page (NASDAQ:ARCC) was last updated on 8/14/2022 by MarketBeat.com Staff

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